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Message: Drill Program Initiated on 199,736 Acre Reed Lake Prospect
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Drill Program Initiated on 199,736 Acre Reed Lake Prospect

posted on Feb 26, 2009 01:59AM
February 26, 2009
Canasia Industries Corporation: Drill Program Initiated on 199,736 Acre Reed Lake Prospect
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 26, 2009) - Canasia Industries Corporation (TSX VENTURE:CAJ)(OTCBB:CANSF)(FRANKFURT:... ("Canasia") has been notified by the operator that the Reed Lake drill program is now underway. This drill program will consist of building access and drilling 10 holes totaling 2,000 metres. Canasia anticipates all drilling to be completed by the end of March 2009.

Rodren Drilling crews have been mobilized and the first hole is expected to be completed in early March. As soon as cores are processed they will be sent for assaying. This prospect is 199,736 acres and is bordering a recent discovery that has grades as high as 10.36% copper over 33.46 metres.

Canasia will be presenting at the upcoming PDAC Trade Show in Toronto, March 1st - 2nd at booth number 1143. All shareholders and interested parties are invited to come speak directly with Canasia representatives.

Graeme Sewell, a director of Canasia stated, "Management has spent over a year of data analysis and gathering to get to this stage. Management has chosen the highest priority drill targets and the board is optimistic that positive results may be achieved."

If you would like to be added to Canasia's news distribution list, please send your email address to info@canasiaind.com.

Graeme Sewell, Director
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